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17 September 2026 Bytes Technology Group plc ( " BTG " or " the Company " or " the Group " ) Half Year Trading Update Trading ahead of expectations , FY27 guidance upgraded Bytes Technology Group , one of the UK and Ireland's leading software , security , Al and cloud services specialists , is pleased to provide the following update on trading for its financial half year ended 31 August 2026 ( " H1 FY27 " ) . The Group has traded ahead of expectations in the first half of FY27 , continuing the momentum built from H2 FY26 . Gross Invoiced Income for the period is estimated to increase by c.19 % year - on - year , with Gross Profit estimated to increase by c.18 % and Operating Profit by c.6 % . The Operating Profit performance reflects the impact of cost normalisation previously communicated . This reflected higher technology costs linked to strategic projects and a return to more normalised bonus levels . As a result of the strong first half performance , the Board now expects Gross Profit growth for the full year in the low to mid - teens , with low to mid single - digit Operating Profit growth . BTG's net cash position at the end of H1 FY27 was c . £ 68m , after returning £ 41.3m to shareholders through the payment of the FY26 final dividend of £ 16.3m and £ 25.0m of share repurchases under the Group's buyback programme . Cash conversion for the first half was around 45 % ( H1 FY26 : 34 % ) , reflecting the Group's normal weighting towards the second half of the financial year . Notice of Interim Results BTG will publish its H1 FY27 results on 13 October 2026 . Sam Mudd , Chief Executive Officer , said : " We are pleased with the positive momentum in the first half across both our private and public sector businesses . Customer demand for software , cloud and security solutions has remained strong , and Al is becoming a more meaningful driver of growth in our core business areas . During the period , we continued to invest in our technology platforms and our people to support future growth , enhance our capabilities and strengthen the quality of service we provide to customers . We remain confident in the Group's strategy and the strength of our customer and vendor relationships . As a result , we have upgraded our expectations for FY27 . " -Ends- Enquiries : Bytes Technology Group plc Sam Mudd , Chief Executive Officer Andrew Holden , Chief Financial Officer Jack Bradshaw , Investor Relations Email : IR@bytesplc.com Sodali & Co Elly Williamson Tilly Abraham Tel : +44 ( 0 ) 2072 501446 Email : btg@info.sodali.com About Bytes Technology Group plc : BTG is one of the UK and Ireland's leading providers of IT software offerings and solutions , with a focus on cloud , security and Al products . The Company enables effective and cost - efficient technology sourcing , adoption and management across software services , including in the areas of security and cloud . It aims to deliver the latest technology to a diverse and embedded non - consumer customer base and has a long track record of delivering strong financial performance . The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange .